loan: Financing Your Home Sale or Purchase
- 10/27/08 11:08 AM
Financing a home sale "today" seems to be a real challenge, however, there are some alternatives worth considering. **It's important that you seek the advise of your financing/tax specialist**. There was a time in the early ‘80s when interest rates were ranging from 13 - 18 % and conventional loans were also hard to come by. We sold our listings with Seller financing. It can be done as the 1st trust deed or as a second trust deed behind a "lenders" 1st position. When Seller is willing to carry a 2nd TD - the Bank/Lender is going to require that the terms (0 comments)